LimeBike Authorizes $300M at $1B Valuation

LimeBike Authorizes $300M at $1B Valuation

LimeBike filed an Amended and Restated Certificate of Incorporation on July 3, 2018 authorizing the sale of up to $300M shares of Series C Preferred Stock. If all shares are sold the company will have a post-money valuation north of $1B, making it the newest Unicorn.

Here’s a look at the Price Per Share increase from March of 2017 through July 3, 2018: